GO
Loading...

Layoffs

More

  • Job Cuts Jumped 28% in January: Challenger Report Thursday, 2 Feb 2012 | 7:31 AM ET
    Out of work man

    The number of job cuts announced by employers jumped 28 percent in January, led by retailers and financial firms, according to the latest report by global outplacement firm Challenger, Gray & Christmas.

  • Further Banking Lay-Offs Expected in Asia Wednesday, 11 Jan 2012 | 7:31 PM ET
    Downsizing

    Headhunters say the recent lay-offs in Asia’s banking industry are just the beginning and expect there will be far worse to come, predicting the total size of the sector in the region could shrink by more than 20 percent. The FT reports.

  • A123 CEO on Jobs & Competition     Thursday, 8 Dec 2011 | 2:35 PM ET

    David Vieau, A123 Systems president & CEO, discusses the tough year for his company, and how he plans to rebuild after laying off 125 workers from a Michigan plant.

  • World Heading for Jobs Recession, Unrest: ILO Monday, 31 Oct 2011 | 7:30 AM ET
    Job Losses

    The world economy is on the verge of a new and deeper jobs recession that will delay the global recovery further and may spark social unrest in "scores of countries," the International Labor Organization said on Monday.

  • 10 Ways Your Job Is Killing You Monday, 10 Oct 2011 | 11:29 AM ET
    Employees who call in sick normally get most of the blame for lost productivity, but a phenomenon known as “presenteeism” has been gaining notice, as well. Defined as the act of coming in to work when you’re sick and doing a third-rate job as a result, presenteeism costs businesses billions of dollars a year in lost productivity.If presenteeism is damaging to businesses, then it would stand to reason that the workplace would be better off if sick workers stayed home until they got better. When t

    Coming in to work when you’re sick costs businesses billions a year in lost productivity, but many workplaces can make employees sick. Here are 10 ways that your work may be killing you and your employer.

  • Goldman Sachs Chairman and CEO Lloyd Blankfein

    Goldman is looking at adding another $250 million to drastic spending cuts announced earlier this summer, bringing the total to $1.45 billion, according to DealBook.

  • Greece's Government Workers Face Layoffs     Tuesday, 20 Sep 2011 | 11:56 AM ET

    CNBC's Michelle Caruso-Cabrera and Constantine Michalos, Athens Chamber of Commerce president, discuss Greece's vow to cut a significant number of its public sector jobs.

  • Worry About a New Wave of Layoffs Tuesday, 20 Sep 2011 | 8:29 AM ET

    Not again. That is the plea of many Americans fearful about their jobs as the economy falters.

  • Bank Layoffs Won't Be as Deep as 2008: Recruiter Friday, 16 Sep 2011 | 3:37 PM ET

    Bank layoffs won't be as deep as they were during the 2008 financial crisis, hedge-fund recruiter Ilana Weinstein told CNBC Friday. Those who remain, however, may see big cuts in bonuses—if they get one at all.

  • Same You, New Career Monday, 15 Aug 2011 | 10:07 AM ET

    Whether you’ve been laid off or you crave more satisfaction, looking for a position doing something you’ve never done before invariably comes with second-guessing.

  • A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon — and that has traders thinking Friday's US jobs report may be a huge disappointment.

  • Corporate Layoffs Increase as Economy Sputters Monday, 1 Aug 2011 | 7:01 PM ET

    A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.

  • Out of Work

    Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.

  • Cisco Pink Slips on the Way     Tuesday, 12 Jul 2011 | 1:26 PM ET

    The tech bellwether plans to layoff thousands of workers in an attempt to reduce costs. Will investors buy into the plan, with Alkesh Shah, Evercore Partners.

  • Bonus Cuts, Pay Raises, Then Layoffs Tuesday, 21 Jun 2011 | 11:31 AM ET

    As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.